A significant increase in real estate in Khartoum and its decline in Omdurman



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  Significant increase in real estate in Khartoum and its decline in Omdurman
Significant increase in real estate in Khartoum and its decline in Omdurman

Real estate prices in various regions from Khartoum are experiencing a sharp rise in prices. In some 10 to 15,000 pound squares, the lowest prices were recorded in some Omdurman areas, which included areas of revolutions and west lanes, where the highest price range high was between 3 and 4,000 pounds. While the price is less than one meter The marine areas of expatriates Shambat and Alafaya and four thousand pounds and the price of ready-to-store house in the same area 4 million pounds and the average of 6 million pounds.

The lowest price per square meter in the Khartoum region is 700 dollars and more than 2500 dollars depending on the area and its characteristics and for prefabricated homes, the price of a house is less than 4 million of books and the highest price in Jabra and Taha Al Mahi. And Taif about 40 to 50 million pounds.

A number of traders confirmed in Sudan the stagnation of the sales movement in terms of rising prices, pointing out that the policy of reducing liquidity tended to save money on land rather than on the banks. They are concerned about the increase in the lack of housing plans, weak services, in addition to the difficulty of transport to remote areas, which has led some to turn to neighboring areas.

Real estate salesman Yasser Osman has noted the stagnation of real estate sales these days, especially with the continued rise in prices.
The owner of a real estate office, Omar Abdullah, said that the reduction of liquidity by the banks resulted in a sudden downturn in the real estate market and paralyzing movements. Commercial and low demand of citizens.

The owner of a real estate agency in Khartoum Sayyab Ali Nasrallah said (Sudanese) to a reluctance in the sales movement in exchange for the scarcity of supply.

Sudanese newspaper.

Source: Nilin

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